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Could The Chinese Electric Newly invented Car Could be the cause for Tesla'$14 Billion loss in 24hrs


  • Less than six months after Chinese automaker BYD launched its "Han" luxury electric sedan, the car leaped into eighth place among the best-selling new energy vehicles in the country last year, according to data from China's Passenger Car Association out late Tuesday.

  • The new energy category includes electric and plug-in hybrid power sources.

  • Tesla's Model 3 sedan held the top spot for both December and the entire year, selling more than 137,000 vehicles in 2020, according to the report.

www.cashchatwallet.com / bank.applisted.se

BEIJING — As China's electric car market heats up, Tesla and BYD are among the winners, data for 2020 sales show.

Less than six months after Chinese automaker BYD launched its "Han" luxury electric sedan, the car leaped into eighth place among the best-selling new energy vehicles in the country last year, according to data from China's Passenger Car Association out late Tuesday. The new energy category includes electric and plug-in hybrid power sources.

BYD, which is backed by American billionaire Warren Buffett, has said sales of the Han sedan have increased every month since deliveries began in August. The sedan comes in both pure electric and plug-in hybrid versions.

The "Han" car was the fourth best-seller in the category for December, the association said.

Tesla's Model 3 sedan held the top spot for the entire year, selling more than 137,000 vehicles in 2020, according to the report.

For passenger cars regardless of energy source, Tesla's Model 3 took the 10th spot in December.

Here are the full rankings for 2020, with the parent company in parentheses: 1. Model 3 (Tesla) 2. Hongguang Mini (SAIC-GM-Wuling) 3. Ora R1 (Great Wall Motor) 4. Aion S (GAC Motor) 5. Qin EV sedan (BYD) 6. eQ (Chery) 7. Li One (Li Auto) 8. Han EV (BYD) 9. ES6 (Nio) 10. 5 PHEV (BMW)

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